BELLEVUE, Neb. – SAC FCU, originally the credit union for the Strategic Air Command, plans to build a $20-million, four-story headquarters in nearby Papillion, the start of what may become a new office park.
The $525-million credit union would move its headquarters out of the Omaha suburb of Bellevue, where it has been since 1948. In that year it came to Nebraska from Andrews Air Force Base in Maryland, along with the U.S. Air Force’s Strategic Air Command.
Plans calls for construction to start in late summer, with occupancy in 2014. SAC Federal purchased five acres of land from a private owner and signed an agreement to buy five acres from the City of Papillion, subject to approval by the Papillion City Council.
The new, 90,000-square-foot building would have a first floor branch office, a community meeting room and space for 150 employees, many of whom now work in various offices around the area.
SAC Federal has grown substantially since it moved into the Bellevue headquarters in 1980, expanding to also serve Douglas, Sarpy, Cass, Washington and Saunders counties in Nebraska, and Pottawattamie, Harrison and Mills counties in Iowa.
